Loan Processor

Job Overview
Ignite My Loan is a fast-growing mortgage company committed to delivering a seamless, transparent, and client-focused lending experience. We pride ourselves on efficiency, communication, and helping clients move confidently through the mortgage process from application to closing. In this energetic role, you will handle the comprehensive processing of loan applications, ensuring all documentation and compliance requirements are meticulously met. Your expertise will help streamline loan approvals, support underwriters, and deliver exceptional service to clients. If you thrive in a fast-paced environment and are passionate about financial services, this is your opportunity to make a meaningful impact in helping individuals achieve their homeownership dreams. (Base salary plus commission)

Responsibilities

• Review and verify loan application documents, ensuring accuracy and completeness in accordance with FNMA (Fannie Mae) guidelines and other regulatory standards.
• Prepare and submit loan packages for underwriting approval, including credit analysis, income verification, and asset documentation.
• Collaborate with loan officers, underwriters, and clients to gather necessary information and clarify any discrepancies during the loan processing cycle.
• Ensure compliance with Fair Housing regulations, TILA (Truth in Lending Act), and other federal or state mortgage laws throughout the process.
• Manage escrow accounts, title work, contracts, and other related documentation to facilitate smooth loan closings.
• Conduct basic math calculations for income analysis, debt-to-income ratios, and qualifying criteria using 10-key typing skills for data entry accuracy.
• Maintain detailed records of all loan processing activities, adhering to company policies and regulatory requirements.

Requirements

• Proven experience in loan origination or mortgage processing within the financial services industry.
• Strong understanding of FNMA guidelines, underwriting procedures, and mortgage servicing processes.
• Knowledge of TILA regulations, escrow procedures, contracts, and banking operations.
• Excellent credit analysis skills combined with proficiency in basic math and 10-key typing for precise data handling.
• Familiarity with Fair Housing regulations and compliance standards related to mortgage lending.
• Ability to interpret complex financial documents and perform detailed credit assessments.
• Strong organizational skills with attention to detail to manage multiple loan files efficiently. Join us to empower homebuyers through expert loan processing! We value energetic professionals who are committed to excellence in mortgage services while fostering a supportive environment that encourages growth and success.

Pay: $50,000.00 - $65,000.00 per year

Work Location: In person

Salary : $50,000 - $65,000